HOUSTON, TX: Terrapass, a leader in carbon offset and renewable energy solutions and a member of the Just Energy Group, announced Terrapass Coin (TPSC), a digital asset that works as an ERC-20 token on the Ethereum blockchain system. With Terrapass Coin, customers can own, buy, sell, trade, or offset their carbon footprint by managing their…
Yahsat selects GMV for upcoming Thuraya 4-NGS satellite
ABU DHABI, UAE: Al Yah Satellite Communications Company (Yahsat), UAE’s flagship satellite solutions provider, has selected the Spanish group, GMV, to supply the Spacecraft Control & Flight Dynamics Systems for Thuraya 4-NGS, a next-generation L-band mobile communications satellite system scheduled to begin operations in 2024. Through this new partnership, GMV’s best-in-class solutions will provide Yahsat’s…
ACWA Power announces IPO on Saudi Stock Exchange
RIYADH, KINGDOM OF SAUDI ARABIA: International Company for Power and Water Projects (ACWA Power) announced intention to proceed with an Initial Public Offering (IPO) and list its shares on the Main Market of the Saudi Stock Exchange (Tadawul). ACWA Power is a leading developer, investor and operator of power generation and desalinated water plants worldwide….
Structural Monitoring buys audio products business Eagle Copters
SYDNEY, AUSTRALIA: Structural Monitoring Systems Plc (SMS) has purchased the audio products business division from Eagle Copters Ltd., Calgary, Canada, a news release said. In light of the Eagle Audio transaction, it is regarded – simply, and easily – as the best add-on opportunity we have found since acquiring AEM in late-2017 – a deal…
Jeff Schrull appointed CEO of McArthur Oil & Gas
SYDNEY, AUSTRALIA: Board of Directors of Armour Energy Limited announced the appointment of Jeff Schrull as the Chief Executive Officer-elect for the proposed demerger and separate ASX listing of McArthur Oil & Gas Ltd (McArthur). Jeff Schrull brings over 30 years of upstream oil and gas experience to the role and joins the proposed McArthur…
Mick McMahon appointed CEO of Seafarms Group
SYDNEY, AUSTRALIA: Seafarms Group Limited announced the appointment of Mr Mick McMahon as Chief Executive Officer (CEO) and Mr Ian Brannan as Group Chief Finance Officer (CFO) commencing 20 September 2021. These appointments are part of the strategy to transform Seafarms into a significant multinational business. As previously announced, a capital raising by Seafarms for…
Barloworld Limited share price tumble on news of de-listing
LONDON, UK: Barloworld Limited share price tumbled on Thursday mid-day after the company announced to cancel its listing on London Stock Exchange effective October 01, 2021. Barloworld Limited has made an application to the Financial Conduct Authority (FCA) for the cancellation of its current listing of its ordinary shares of 0.05R on the Standard Segment…
Londonmetric Property acquires logistics warehouse for £11 million
LONDON, UK: LondonMetric Property Plc announced the acquisition of an urban logistics warehouse in Cardiff for £11.1 million, reflecting a blended NIY of 5.0%. The 119,000 sq ft warehouse is let to Global Life Sciences Solutions, trading as Cytiva, on a new ten year lease with RPI linked rent reviews of between 1% and 3%….
CimetrA import approval granted in India
LONDON, UK: MGC Pharmaceuticals, a European based bio-pharma company specialising in the production and development of phytomedicines, has been granted a permit to import CimetrA™ into India by the Indian Central Drugs Standard Control Organisation (CDSCO) to facilitate final product testing to complete its application for Emergency Use Authorisation to treat patients with COVID-19. The application for Emergency…
Dotz Nano appoints new CEO and Non-Exec Director
SYDNEY, AUSTRALIA: Dotz Nano Limited has appointed Mr Gideon Shmuel to the role of Executive Director and Chief Executive Officer and Cyprus/Australian-based Ms Kerry Harpaz as a Non-Executive Director. Both appointments are effective immediately. Mr Shmuel is a highly-experienced CEO and senior executive with strong sales, business development and marketing expertise. He has extensive experience…
Lagardère buys minority stake in Lagardère Travel Retail Asia
PARIS, FRANCE: Lagardère Travel Retail signed an agreement with leading e-commerce player JD.com and public investment firm China Jianyin Investment (JIC), for the acquisition of a stake in Lagardère Travel Retail Asia representing 22.36% of the share capital (of which 18.63% for JD.com and 3.73% for JIC). Lagardère Travel Retail Asia covers the division’s North…
NAVYA launches autonomous shuttle service in the UK
PARIS, FRANCE: NAVYA, a leading company in autonomous driving system, announced its first autonomous shuttle service deployment on public roads in the UK at the Harwell Science and Innovation Campus, a leading innovation center. NAVYA’s shuttle will transport employees and visitors 24/7 around this UK science and technology hub. Located in Oxfordshire, England, the 700-acre…